Bates v. Messerli

LEHAN, Judge.

Defendant, who was the seller to plaintiff of one hundred percent of the stock in a corporation, appeals the $62,300 judgment of the trial court for damages for the seller’s fraudulent misrepresentation to the buyer. That judgment was offset by a $66,868.99 judgment against the buyer on seller’s counterclaim for nonpayment by the buyer of the promissory note representing the balance of the purchase price. Thus, the buyer was adjudicated liable to the seller for $4,568.99. The judgment on the counterclaim and the offset are not in issue in this appeal. We affirm.

The fraudulent…